Common use of Risk Analysis Clause in Contracts

Risk Analysis. 1. The Parties shall strengthen their cooperation on risk analysis in accordance with the SPS Agreement while taking into account the relevant decisions of the WTO SPS Committee and international standards, guidelines, and recommendations. 2. When conducting a risk analysis, an importing Party shall: (a) ensure that the risk analysis is documented and that it provides the relevant exporting Party with an opportunity to comment, in a manner to be determined by the importing Party; (b) consider risk management options that are not more trade restrictive than required1 to achieve its appropriate level of sanitary or phytosanitary protection; and (c) select a risk management option that is not more trade restrictive than required to achieve its appropriate level of sanitary or phytosanitary protection, taking into account technical and economic feasibility. 3. On request of an exporting Party, an importing Party shall inform the exporting Party of the progress of a specific risk analysis request, and of any delay that may occur during the process. 4. Without prejudice to the Parties’ right to take emergency measures consistent with Article 4.9 (Emergency Measures), no Party shall stop the importation of a good of the other Party solely for the reason that the importing Party is undertaking a review of a sanitary or phytosanitary measure, if the importing Party permitted importation of the good of the other Party at the time of the initiation of the review.

Appears in 2 contracts

Samples: Comprehensive Economic Partnership Agreement, Comprehensive Economic Partnership Agreement

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Risk Analysis. 1. The Parties shall strengthen their cooperation on risk analysis in accordance with the SPS Agreement while taking into account the relevant decisions of the WTO SPS Committee and international standards, guidelines, and recommendations. 2. When conducting a risk analysis, an importing Party shall: (a) ensure that the risk analysis is documented and that it provides the relevant exporting Party or Parties with an opportunity to comment, in a manner to be determined by the importing Party; (b) consider risk management options that are not more trade restrictive than required1 to achieve its appropriate level of sanitary or phytosanitary protection; and (c) select a risk management option that is not more trade restrictive than required to achieve its appropriate level of sanitary or phytosanitary protection, taking into account technical and economic feasibility. 3. On request of an exporting Party, an importing Party shall inform the exporting Party of the progress of a specific risk analysis request, and of any delay that may occur during the process. 4. Without prejudice to the Parties’ right to take emergency measures consistent with Article 4.9 (Emergency Measures)measures, no Party shall stop the importation of a good of the other another Party solely for the reason that the importing Party is undertaking a review of a sanitary or phytosanitary measure, if the importing Party permitted importation of the good of the other Party at the time of the initiation of the review.

Appears in 2 contracts

Samples: Regional Comprehensive Economic Partnership Agreement, Regional Comprehensive Economic Partnership Agreement

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Risk Analysis. 1. The Parties shall strengthen their cooperation on risk analysis in accordance with the SPS Agreement while taking into account the relevant decisions of the WTO SPS Committee and international standards, guidelines, and recommendations. 2. When conducting a risk analysis, an importing Party shall: (a) ensure that the risk analysis is documented and that it provides the relevant exporting Party or Parties with an opportunity to comment, in a manner to be determined by the importing Party; (b) consider risk management options that are not more trade restrictive than required1 required25 to achieve its appropriate level of sanitary or phytosanitary protection; and (c) select a risk management option that is not more trade restrictive than required to achieve its appropriate level of sanitary or phytosanitary protection, taking into account technical and economic feasibility. 3. On request of an exporting Party, an importing Party shall inform the exporting Party of the progress of a specific risk analysis request, and of any delay that may occur during the process. 4. Without prejudice to the Parties’ right to take emergency measures consistent with Article 4.9 (Emergency Measures)measures, no Party shall stop the importation of a good of the other another Party solely for the reason that the importing Party is undertaking a review of a sanitary or phytosanitary measure, if the importing Party permitted importation of the good of the other Party at the time of the initiation of the review.

Appears in 1 contract

Samples: Regional Comprehensive Economic Partnership Agreement

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